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Inside P&C’s research team examines some of the areas that will be closely watched during the results season. -
Cat losses will cost up to $80mn, down from last year’s $140mn, as the carrier indicated underlying results continued to improve in Q4.
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While PIF growth continues to excel in its direct personal auto channel, growth now appears to be trending downwards.
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The ratings agency has affirmed the reinsurer’s financial strength and long-term ICR ratings while flagging underwriting concerns.
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The Bermuda reinsurer's net income per share fell 5% to $206mn during the period.
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The carrier took a $5.8mn hit from the change in its holdings of FedNat shares.
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The InsurTech beats the consensus forecast during the quarter it made its New York Stock Exchange debut.
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AIG executives revealed that proceeds from the sale would be used to reduce the carrier’s debt leverage.
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Both StarStone and Atrium make underwriting profits after losses a year earlier.
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The carrier is moving to lift quota share support to reduce its retained exposure.
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The carrier, which has announced a strategic review, bought a further $5mn reinsurance top-up after storm Delta that will be triggered by Zeta claims.
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The Floridian carrier is not looking to expand in Louisiana or Texas, citing the elevated catastrophe risks.
